Apartment association · Tallinn

Õismäe tee 60 apartment association

Tallinn, Õismäe tee 60 korteriühistu (registry code 80417352) manages a 9-storey panel building built in 1975 with 72 flats. According to its 2025 annual report, the association's long-term liabilities were €50,575 (€13 per m² of flat space) and it held €58,887 in cash.

Board

B
Association grade
B · good
Tallinn: ranked 1699 of 4,374 graded associations.
House conditionaverage
age, energy class and works done
Loan affordabilitygood
loan vs the association's annual income
Cash buffergood
cash next to the loan, 3-year average
Managementgood
reports filed on time

Building

Built
1975
Storeys
9
Construction
panel
Flats
72
Heating
district heating
Energy class
  • A
  • B
  • C
  • DD
  • E
  • F
  • G
  • H

Building page: Õismäe tee 60 →

Long-term liabilities
€50,575
as of 31.12.2025
Liabilities per m²
€13
similar buildings with a loan €10
Cash
€58,887
€15/m² · similar €15/m²
Income per m² a month
€0.77
similar buildings €1.02

Compared with similar buildings: Tallinn, built 1970–1980, panel (371 associations).

Finances by year

Long-term liabilities per m² of flat space at year end
1 €/m²20194 €/m²20209 €/m²20219 €/m²202212 €/m²202311 €/m²202413 €/m²2025
similar buildings with a smaller loan (median)

Loan principal repayment is an estimated €0.04 per m² of flat space a month, about €2 a month for a 50 m² flat (interest not included) — less than 98% of associations repaying a loan. The median is €0.52 in Estonia and €0.51 in Tallinn. At the current pace the loan will be repaid around 2053.

YearLong-term liabilitiesShort-term liabilitiesCashIncomeLabour costs
2025€50,575€11,389€58,887€35,363€5,220
2024€41,372€12,270€50,296€46,884€4,933
2023€44,224€14,736€51,544€33,572€5,107
2022€35,028€15,035€41,406€41,075€5,107
2021€35,465€14,212€42,815€18,817€4,716
2020€15,805€8,579€24,468€21,551€4,118
2019€4,356€8,091€11,983€26,620€6,969

Compared with similar buildings (Tallinn, built 1970–1980, panel; 371 associations), long-term liabilities per m² of flat space are higher than 81% of them. The median for buildings with a loan is €18/m².

Flats in this building

No flat in this building has been for sale or rent in the last 12 months.

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An estimate for a flat at Õismäe tee 60 from similar homes — free and instant.

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Apartment associations nearby

GradeBuildingLong-term liabilitiesCashReport
CÕismäe tee 581975 · 72 flats€0€31,6032025
BÕismäe tee 621975 · 71 flats€0€28,7902025
AÕismäe tee 571988 · 30 flats€0€19,6942025
BÕismäe tee 641975 · 72 flats€0€25,8582025
BÕismäe tee 67 // 69 // 711975 · 60 flats€0€114,2922025
BÕismäe tee 541975 · 71 flats€0€61,1142025
BÕismäe tee 481988 · 64 flats€0€82,4482025
CÕismäe tee 521975 · 72 flats€0€40,2322025

Frequently asked questions

Does the association have a loan?

According to its 2025 report, the association has €50,575 of long-term liabilities. The report's key figures do not separate a bank loan from a renovation grant — the association's own statement gives the exact loan balance.

How much cash does the association have?

At the end of 2025 the association held €58,887.

When was the building built?

According to the building register, it was first used in 1975 and has 9 storeys.

Who is on the association's board?

According to the business register, the board members are Evgeni Sinelnik, Jekaterina Kurtšikova, Natalja Krasina, Stanislav Kurtšikov, Valentina Šank (board since 08.01.2018).

How is the association grade calculated?

The A–E grade is built from public data and compares the association with all apartment associations in Estonia. House condition (40%) takes the building's age into account – a new house needs no renovation – along with the energy certificate and the works on the building that its flats' sale ads describe (sellers' and brokers' unverified claims) – the more works (facade, roof, pipes, heating and so on), the better; in an older building, a loan taken for renovation also counts as investment. Loan affordability (30%) shows how many years of income the long-term liabilities equal – up to three years is entirely normal. Cash buffer (10%) is cash per m² of flat space averaged over the last three year-ends: without a loan a bigger buffer is better; with a loan a moderate one is enough. Management (20%) shows whether the last three years' reports were filed, and on time, with extra points for a professional manager. A loan is not bad in itself: in an older building it usually means the house has been renovated. The grade is updated weekly.

Where does the data come from?

Finances: business register open data (annual-report key figures, 2019–2025). Building: building register. Flats on offer: Leiamaakler.ee data from the property portals.